Allium Data, a Boulder, Colorado-based disruptive insurtech startup, closed $750,000 in pre-seed funding.
The investment was from Markd.
Markd is a venture capital firm focused on funding and partnering with transformative insurtechs. It pays homage to the insurance industry's legacy while helping design its future. Markd's mission is to power substantial work and continually inspire more ideas to prevent hurt and loss.
Allium Data Use of Funds
The funds will fuel Allium's growth and go-to-market strategy for all platform products.
About Allium Data
Founded in 2022, Allium Data, Inc. is an insurtech SaaS company that seeks to disrupt the data intelligence industry in insurance by creating novel and unique products that solve data transparency, data integration, and data analytics issues. The company offers a range of products designed to modernize and streamline insurance-related data processes, benefiting agents, brokers, and carriers. Allium's flagship data analytics product is notable for its ability to source and digitize current in-force policy and premium data, making it a valuable resource for industry professionals.
Company: Allium Data, Inc.
Funding Month: October 2023
Lead Investors: Markd
Company Website: https://www.alliumdata.com/
Software Category: Insurance Data Analytics